Steven Hansen

Let's Just Say It: Print More Money

dirk, how does this create wealth? wealth is what was lost. what will happen using your approach is assets will continue to decline, wages will remain flat, and all other prices will go up.

as you have not lived through inflationary times, let me assure you that your scenario will make you less well off tomorrow.

If Obama Doesn't Balance Trade, China Will Steal More U.S. Industries

let us simply go to a barter system on trade which was in effect with trade to the soviet block. this makes trade a zero sum game and removes the effects of currency evaluation. import duties can be eliminated. all trade is free trade. the net imports = net exports from any country.

this is the way trade has worked from the beginning of time.

The Five Most Important Energy Forecasts of 2008

from an engineering point of view, there are major technological advances required before any of these technologies can implemented on a wide scale. As an example, electricity cannot be transmitted long distances without significant losses (which is why power plants are located near points of use).

these "experts" are policitians, financial stars, and economists. i want to hear from the "experts" who will have to make it happen.

Boeing Can't Afford Another Strike

boeing is lucky its competition is airbus - a force fit, political hodgepodge. if the competition was in asia (it will be some time in the future), it will go the way of the detroit automakers.

Boeing Braces for Potentially Long Workers' Strike

this is not 1910 and no one wins a strike. with airbus already ahead this year in bookings, the dollar strengthening (airbus sells in dollars and its costs are in euros), and now boeing's union on strike - boeing and its union are just giving away market share.

screw all this talk by the presidential candidates about american companies shifting jobs overseas. boeing and its union are handing jobs to europe and nobody is saying sh*t.